Mortgage Loan Officer

About This Role

This role involves originating mortgage loans, building community relationships, and guiding applicants through the loan process from pre-qualification to closing. It suits a detail-oriented individual with strong communication skills and a background in mortgage lending or financial services.

Responsibilities

• Advocate in the community to deepen relationships and market the institution's loan products
• Screen borrower requests from potential applicants, review applications for pre-qualification, and issue prequalification letters to customers
• Review loan applications and effectively communicate with potential borrowers to explain lending parameters and identify which loan programs and terms best fit each customer and situation
• Work with borrowers to secure necessary information for loan underwriting and conduct site visits as needed
• Prepare and review loan application packages according to underwriting policies and present financial analysis to underwriting for approval
• Review loan documents, title, appraisal, and survey prior to closing to ensure accuracy
• Collaborate with borrowers, title company, and realtor to confirm conditions of funding are met prior to closing and coordinate timing of loan funding
• Identify additional unfilled banking or insurance needs and refer borrowers to Bank partners
• Other duties, responsibilities, and activities may be assigned or changed at any time

Requirements

• Minimum two years' experience in a mortgage lending or financial services environment
• Mortgage banking background preferred with a proven track record of success
• Adapts easily to system, process, product, and service changes
• Advocates for Cor Trust in the community, customer experience, and co-worker relationships
• Ability to reason, problem solve, and think critically
• Strong analytic, time management, and organizational skills and high level of attention to details
• Effective written and verbal communication skills with the ability to make presentations and educate borrowers on loan products and processes
• Demonstrates high level of integrity, personal diplomacy, and respect
• Knowledge of federal and state laws and regulations pertaining to the mortgage banking industry
• Works cooperatively and constructively with a wide variety of people, cross-functional teams, community-based organizations, title companies and referral partners

Benefits

• 401k
• Insurance
• Paid time off
• Service awards
• Community service opportunities

About the Company

CorTrust Bank is a leading community bank committed to building outstanding teams and supporting the well-being of its employees. CorTrust Mortgage Inc., a wholly owned subsidiary, serves 37 communities in South Dakota and Minnesota, with a direct relationship with Fannie Mae and Freddie Mac, and offers a wide variety of mortgage products including FHA, VA, Conventional, RD, and Housing Finance Authority products.